Featured in The journey to 100 GW – 05-2023

From subsidy to energy trading

As asset managers become the renewables utilities of the future – given the remarkable advances that solar has made over the past decade – they will have to ensure clean energy generation while working with energy users to stagger demand, says Gerard Reid.

By

pv magazine

03 May 2023

The renewables transition has been remarkable, particularly when it comes to solar. In 2010, the best-in-class capital expenditure costs for a megawatt of solar generation capacity was approximately $3 million. Today, those costs have dropped by more than 80%, reaching a new low of just $500,000 per megawatt.The performance of installed megawatts has also improved …

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